Although I have been discussing about lease quiet often, I still receive questions [in various terms] about lease. Through this “lease” post series, I provide answer from the basic [definition and classification of lease], its recognition [Lease in the Financial Statement of Lessee and Lease in the Financial Statement of Lessor] with its disclosures. They are adapted from IAS 17. In this individual post I provide description [with case example as always] specifically just about definition and classification of lease. Enjoy! [...]
Archive for Category: "Lease"
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